According to Stratistics MRC, the Global Collaborative Robots Market is accounted for $159.76 million in 2016 and is expected to reach $3957.54 million by 2023 growing at a CAGR of 58.2% during the forecast period. Factors such as growing funds in automation, low cost of collaborative robots & high return on investment are fueling the market growth. In contrast, absence of repeatability and capabilities related to faster cycle time is affecting the market. High capacity for robot installations in different countries provides ample of opportunities for market growth.
Collaborative Robot is a robot specifically designed for direct interaction with human beings as a guide or assistor in a particular undertaking. Collaborative robots approach all sizes and shapes and have integrated sensors and soft and rounded surfaces for safety purposes and to decrease the risk of impact, pinching and crushing. Collaborative robots are usually simpler than more traditional robots, which make them cheaper to buy, operate and maintain. Some Collaborative robots can be instructed very easily by presentation, rather than utilizing a deep information in programming.
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By Geography, Europe commanded the largest market share attributed to huge disposable income. Asia Pacific is anticipated to grow at the fastest CAGR attributed to the increasing demand for collaborative robots. There is growing demand for automotive, machining and metals in emerging countries of Asia pacific such as India and China.
Some of the key players in Collaborative Robots market include MRK-Systeme GmbH, F&P Robotics AG, Universal Robots A/S, Precise Automation, Inc, Robert Bosch GmbH, FANUC Corporation, ABB Asea Brown Boveri Ltd., Rethink Robotics, Inc., Energid Technologies Corporation, KUKA AG, Techman Robot for Quanta Storage Inc., Aubo Robotics Inc., KAWADA Robotics Corp., YASKAWA Electric Corporation and Comau S.P.A.
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- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
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Collaborative Robot is a robot specifically designed for direct interaction with human beings as a guide or assistor in a particular undertaking. Collaborative robots approach all sizes and shapes and have integrated sensors and soft and rounded surfaces for safety purposes and to decrease the risk of impact, pinching and crushing. Collaborative robots are usually simpler than more traditional robots, which make them cheaper to buy, operate and maintain. Some Collaborative robots can be instructed very easily by presentation, rather than utilizing a deep information in programming.
Get Sample Pages of the report at https://marketreportscenter.com/request-sample/571558
By Geography, Europe commanded the largest market share attributed to huge disposable income. Asia Pacific is anticipated to grow at the fastest CAGR attributed to the increasing demand for collaborative robots. There is growing demand for automotive, machining and metals in emerging countries of Asia pacific such as India and China.
Some of the key players in Collaborative Robots market include MRK-Systeme GmbH, F&P Robotics AG, Universal Robots A/S, Precise Automation, Inc, Robert Bosch GmbH, FANUC Corporation, ABB Asea Brown Boveri Ltd., Rethink Robotics, Inc., Energid Technologies Corporation, KUKA AG, Techman Robot for Quanta Storage Inc., Aubo Robotics Inc., KAWADA Robotics Corp., YASKAWA Electric Corporation and Comau S.P.A.
Check the discount on the report at https://marketreportscenter.com/request-discount/571558
What our report offers:
- Market share assessments for the regional and country level segments
- Market share analysis of the top industry players
- Strategic recommendations for the new entrants
- Market forecasts for a minimum of 7 years of all the mentioned segments, sub segments and the regional markets
- Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
- Strategic recommendations in key business segments based on the market estimations
- Competitive landscaping mapping the key common trends
- Company profiling with detailed strategies, financials, and recent developments
- Supply chain trends mapping the latest technological advancements
About Market Reports Center;
Market Reports Center is an e-commerce platform obliging the needs of knowledge workers, experts, professionals who are subject to market research information for their work, or to make strategic business decisions. We are dedicated to create a comprehensive offering of market research which is accurate, credible and affordable.
Market Reports Center currently has more than 3,00,000 plus titles and 40+ Publishers on our platform and growing consistently. We cover more than 35 industry verticals being: Automotive, Electronics, Manufacturing, Pharmaceuticals, Healthcare, Chemicals, Construction, Agriculture, Food, Beverages, Banking & Finance, Media and Government, Public Sector Studies.
Connect for more details:
Sam Collins
Market Reports Center
1-646-883-3044 (US)
info@marketreportscenter.com
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